The narrow banking proposal defining a class of safe and liquid assets (generally sovereign government securities) for investments by weak banks, backed fully by demand liabilities (generally ...

A civil society forum focusing on bank issues on Monday staged a protest outside State Bank of India’s (SBI) circle headquarters in Kolkata, opposing the lender’s decision to shift its Global Market ...

NEW YORK--(BUSINESS WIRE)--HSBC has launched its Global Private Banking (GPB) business in India to serve high-net-worth (HNW) and ultra-high-net-worth (UHNW) professionals, entrepreneurs and their ...

India has the world’s second largest unbanked population, and women make up nearly 60% of unbanked adults in India, despite the government’s national mission for financial inclusion—the Pradhan Mantri ...

Mumbai: Apart from turning the spotlight on rising fraud cases in India’s banking sector, the RTI reply further revealed that in some cases, the amount lost has fallen straight into a black hole. As ...

While digitization has transformed banking for Indian consumers, corporate banking has been left in the slow lane — still relying heavily on clunky infrastructure, paper trails, and spreadsheet-heavy ...

Mumbai: Apart from turning the spotlight on rising fraud cases in India’s banking sector, the RTI reply further revealed that in some cases, the amount lost has fallen straight into a black hole. As ...

Several Indian startups, along with venture capital funds and private equity investors, are scrambling to build investment strategies as they race to tap into a rare available opportunity in the ...

As she unveiled strong-first quarter earnings, newly installed Citigroup CEO Jane Fraser on Thursday pulled the plug on retail banking operations in 13 countries, including India and China, in order ...

New Delhi [India], August 14 (ANI): Generative Artificial Intelligence (AI) has the potential to improve banking operations in India by up to 46 per cent, according to a report by the Reserve Bank of ...